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AT&T iPhone numbers cause AAPL shares to drop

Apple shares fell about 4% after AT&T’s first quarter earnings report despite rising for the two days beforehand. Investors were expecting huge iPhone sales for AT&T to help Apple reach it’s 10 million iPhone’s sold goal. However, AT&T announced that it has only received 1.3 million new net subscribers across all of its devices which more »

iPhone profit margins exceed 50%?

You know that $600 iPhone? The one that you can’t afford. The one that Steve Jobs said that they would lower the prices of, if their costs weren’t so high. Well, it turns out Apple’s costs may not actually be as high as Apple implies. iSuppli, located in El Segundo California, recently dissected the 8GB more »